25/212 Albany Hwy, Centennial Park is a 1 bedroom, 2 bathroom Unit and was built in 1996. The property has a land size of 72m2 and floor size of 122m2.This Property is currently listed for sale with Merrifield Real Estate
Astute investors will appreciate the excellent value, convenience and guaranteed set returns offered by this neat and tidy short-stay unit in the heart of Albany's thriving tourist precinct.
Zoned for Short Term Accommodation, this 1996-built brick veneer and Colorbond unit is part of a well-managed, established complex just 2km from the CBD and within easy reach of beaches, cafs, shops, and local attractions.
Immaculately presented and offered with a tenancy in place that supplies all the furniture, appliances and other household items necessary to make a guest's stay very comfortable, this unit will generate an immediate income for the new owner. Everything is already in place for the perfect set and forget investment from cutlery to cookware so there is nothing to be done, and the tasteful furnishings, modern appointments and updated dcor all contribute to its warm, welcoming ambience.
Inside, the layout is simple yet highly functional. At the front is a light-filled open plan living area with reverse-cycle air conditioning, comprising a lounge, dining zone, and compact but well-equipped kitchen with a gas cooktop, fridge, microwave and full set of utensils.
Two carpeted double bedrooms both feature built-in robes and desk, and a modernised wet room includes a walk-in shower, toilet, vanity and a discrete under-bench washer and dryer.
A carport is located right beside the unit, with visitor parking nearby. The front veranda is a sunny spot to relax, while the communal playground and undercover barbecue area offer fantastic shared amenities for guests. Adding further value is the on-site restaurant and bar just metres away, open for breakfast and dinner, with room service available.
The existing short-stay operator, Quality Apartments Banksia Albany, has recently been recognized by the Albany Chamber of Commerce & Industry as the winner of the 2025 Excellence in Tourism Award and the Great Southern Business of the Year (second year running). With such peace of mind about who is managing the bookings and looking after the guests, plus knowing Albany's tourist accommodation is in high demand, this low-maintenance investment opportunity with consistent returns of nearly 6% (net) is not to be overlooked.
To obtain further information and discuss your interest, please contact Lee Stonell today on 0409 684 653 or lee@merrifield.com.au
What you need to know:
Tourism zoned unit for short stay accommodation only
Brick veneer and Colorbond construction, built 1996
Smart, well-managed complex 2km from Albany CBD
Fully furnished and equipped throughout, as provided by the tenant
Spacious open plan and air-conditioned living/dining and kitchen area
Gas cooking, fridge, microwave, crockery & utensils in kitchen
Two double bedrooms with built-in robes and desks
Wet room with walk-in shower, toilet, vanity, and laundry facilities
Modern vinyl plank flooring; carpeted bedrooms
Stylish, modern window treatments and dcor
Carport adjacent to unit; ample visitor parking nearby
Front veranda, shared BBQ area, playground
On-site licensed restaurant and bar
Guaranteed income for the owner, regardless of occupancy, paid monthly
Excellent short-stay income potential with minimal effort
Council Rates $1,459.52 per annum
Water Rates $1,463.16 per annum
Strata Levies $2,562.80 per annum (includes building insurance)
The size of Centennial Park is approximately 2.0 square kilometres. It has 1 park covering nearly 28.0% of total area. The population of Centennial Park in 2016 was 641 people. By 2021 the population was 689 showing a population growth of 7.5% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Centennial Park work in a community and personal service occupation.In 2021, 51.20% of the homes in Centennial Park were owner-occupied compared with 53.80% in 2016.
Centennial Park has 847 properties. Over the last 5 years, Houses in Centennial Park have seen a 89.85% increase in median value, while Units have seen a 93.41% increase. As at 31 October 2025:
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